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What a part of the insurance coverage trade will likely be impacted by AI subsequent?

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How claims will likely be impacted by AI

“Declare funds, AI generative gross sales funnels, back-office help—all of those are areas the place AI insurance-related use circumstances are happening,” Stavrakis advised IB. “The subsequent sizzling factor will likely be declare funds, during which a loss happens, it’s reported, learn by AI, in comparison with the coverage by AI, despatched out for a drone appraisal, after which the fee is issued instantly by wire.”

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